$AT&T (T.US)$ CEO John Stankey said Tuesday he’s unhappy wit...
$AT&T (T.US)$ CEO John Stankey said Tuesday he’s unhappy with his company’s brand and plans to refresh the wireless carrier’s image in the coming years. AT&T spent more than $160 billion, including debt, to acquire WarnerMedia and DirecTV. Neither deal paid off for Stankey, who was instrumental in acquiring both companies as former CEO Randall Stephenson’s top lieutenant. AT&T shares have fallen about 25% in the last five years. The company’s focus for the coming years will be building out 5G broadband service.
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Deezy_McCheezy : It seems that there will be a lot of capital expenditures for follow-up business development